Boosting capacity at the field requires much-needed investment that NOC has been struggling to secure.
Read More »Total Buys Stakes in Offshore Guyana Blocks
These two companies will retain a shared 30 percent interest alongside operator ExxonMobil. which has a 35 percent stake.
Read More »Venezuela Could Lose A Lot More Oil Production
Venezuela is ordering its embassies around the world to renegotiate rents at their diplomatic missions.
Read More »Spain`s Repsol and Gazprom Neft to Increase Their Collaboration in West Siberia
There was no immediate comment from Repsol on whether the MoU'.s focus would be predominantly on oil. or both on oil and gas.
Read More »Russia`s Gazprom Neft to Create Joint Venture with Spain`s Repsol
Gazprom Neft acquired a 25.02 percent stake with the right to increase it to 50 percent in Evrotek-Yugra.
Read More »Iran Raises Oil Exports to West. Almost on Par with Asia
Iran'.s exports to Asia last month were the lowest since February 2016. Reuters'. calculations showed.
Read More »Repsol Discovers Oil in Alaska
Repsol has been actively exploring in Alaska since 2008 and has an additional presence in the Gulf of Mexico.
Read More »Iran’s Oil Achievements in Post-Sanctions Era
Iran’s European customers purchase a total of 700.000 barrels of Iranian oil per day.
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